Originally Posted By: kyle585
Originally Posted By: cwjga
Economic growth under Obama was 1%
Such a lot of baloney.


WASHINGTON ― Citing the Bible and expressing his sympathies in advance, Republican South Carolina Rep. Mark Sanford savaged President Donald Trump’s budget proposal Wednesday as a “myth” and a “lie,” hammering the White House’s spending plan more thoroughly than any Democrat.

Sanford, the former governor of South Carolina who has a contentious relationship with the White House, simply did not accept the contention offered by Budget Director Mick Mulvaney in a House Budget Committee hearing that the economy is going to grow at 3 percent for the next 10 years.

The White House uses that growth estimate to argue that, despite cutting taxes dramatically for the wealthy, tax revenues will actually rise so that the budget will balance in 10 years. The nonpartisan Congressional Budget Office estimates growth rates of just 1.9 percent.

So Trump's goal of 3% is not doable. Understandable that the do nothings would think that when Obama could not manage it.

But why the uproar over 3% when Obama forecast 5 to 6% in all his budgets. Oh that's right they are Washington hypocrites